KWSB approaches federal govt. to collect Rs.26 billion arrears from defaulters through NABMarch 7, 2013
Karachi: Managing Director Karachi Water & Sewerage Board has requested Federal Government to collect billions of outstanding dues from defaulters through National Accountability Bureau NAB.
According to KWSB release on Thursday, he said that NAB is already handling recovery of outstanding dues for Karachi Electric Supply Company KESC similarly recovery from KW&SB should also be handed over to NAB.
He said that KW&SB defaulters’ list comprises of Federal, Provincial and other institutions. These institutions collectively owe KW&SB more than 26 billion rupees. “We have been contacting Federal Government, Provincial Government and Heads of different government organizations however billions in dues have not been paid yet.
“Water Board is a public service institution which is going through financial crises, he added. “We are responsible for water supply to more than 20 million citizens of the metropolis. Whereas, the maintenance of infrastructure that comprises of thousands of pipelines, several filter plants, pumping stations, treatment plants, and reservoir cost the institution heavily,” said Misbahuddin Farid.
Moreover, he said that in order to run the operations smoothly it is vital that Federal Government recovers billions of rupees in outstanding dues. This would not only ensure better provision of services to the citizens of Karachi but would also strengthen KW&SB’s financial condition, he added.